Time may heal most wounds, but it has done little to lessen the sting of prior authorization. Despite decades of streamlining and automating healthcare business transactions, prior authorization remains one of the most burdensome, complex and costly administrative activities in the industry that creates hardship for all stakeholders—providers, payors and patients, contributing an estimated $25 billion per year to healthcare costs in the U.S. This is primarily because it remains a largely manual process and, therefore, prone to error.
To read the full article, authored by J2 Global’s Jeffrey Sullivan, visit Electronic Health Reporter: